Despite the overall positive trend in the market, some stocks in the Nifty 50 are experiencing downward pressure. Here are the top 5 losers as of 9:56 AM:
| Rank | Stock Name | LTP (₹) | Change (%) | Open (₹) | High (₹) | Low (₹) |
|---|---|---|---|---|---|---|
| 1 | Hero MotoCorp | 5,346.35 | -0.72 | 5,410.00 | 5,413.00 | 5,327.00 |
| 2 | BPCL | 350.20 | -0.57 | 355.45 | 355.90 | 349.15 |
| 3 | Grasim | 2,734.00 | -0.53 | 2,752.00 | 2,763.20 | 2,712.80 |
| 4 | Bajaj Auto | 10,365.40 | -0.39 | 10,375.10 | 10,517.15 | 10,339.65 |
| 5 | Adani Ports | 1,487.05 | -0.28 | 1,495.50 | 1,497.00 | 1,483.00 |
Note: LTP stands for Last Traded Price. All data as of 9:56 AM.
In a remarkable display of market strength, the Nifty 50 index is on the verge of crossing the psychologically significant 25,000-point threshold. As of the latest update, the index is trading at 24,983.25, up 160.10 points or 0.64% from the previous close at 9:57AM.
This surge brings the Nifty tantalizingly close to the 25,000 mark, a level that would represent a historic high for the Indian benchmark index. The proximity to this milestone reflects the robust bullish sentiment currently prevailing in the Indian equity markets.
Key points to note:
- Current level: 24,983.25
- Points gained: 160.10
- Percentage increase: 0.64%
The approach to 25,000 is particularly significant as it comes amid global economic uncertainties, suggesting strong investor confidence in the Indian market’s growth prospects. Factors contributing to this rally may include:
- Positive domestic economic indicators
- Foreign institutional investor (FII) inflows
- Optimism surrounding corporate earnings
- Global market trends, including recent hints at potential rate adjustments by the U.S. Federal Reserve
As the market edges closer to this landmark, investors and analysts will be watching closely to see if the Nifty can sustain above the 25,000 level, which could potentially trigger further bullish momentum.
Disclaimer: The information provided in this article is for general informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any securities. Market data and analysis are time-sensitive and subject to rapid change.
